XPlace Card
XPlace Card
XPlace Card is a Visa crypto-backed credit card offering non-custodial borrowing on Solana. Spend crypto without selling assets, earn yield, and enjoy 0% APR. Users keep full control of their funds.
- Type: Visa secured credit card backed by crypto collateral
- Key Feature: Borrow and spend crypto instantly, no asset liquidation required
- Availability: US, EU, Africa, Asia-Pacific, Latin America, Middle East
- Standout Benefit: 0% interest on purchases plus real-time USDC cashback
- Biggest Downside: No ATM withdrawals or cash advances supported
XPlace Card is a Visa crypto-backed credit card offering non-custodial borrowing on Solana. Spend crypto without selling assets, earn yield, and enjoy 0% APR. Users keep full control of their funds.
- Type: Visa secured credit card backed by crypto collateral
- Key Feature: Borrow and spend crypto instantly, no asset liquidation required
- Availability: US, EU, Africa, Asia-Pacific, Latin America, Middle East
- Standout Benefit: 0% interest on purchases plus real-time USDC cashback
- Biggest Downside: No ATM withdrawals or cash advances supported
Reviewed by James Burr
Last updated: January 23, 2026
Card Tiers
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Detailed Summary
XPlace Card Visa Credit Review: Fees, Rewards & Availability
Quick Summary: XPlace Card
Key Features
- Non-custodial crypto-backed credit card with 0% APR on purchases
- Earn DeFi yields (up to 16% APY) on deposited crypto collateral
- Real-time USDC cashback (0.5-2%) and zero foreign transaction fees
- Available in 160+ countries with four membership tiers
- Supports 30+ Solana-based assets including SOL, BTC, ETH, and stablecoins
Main Advantages
- Spend crypto without triggering taxable events (borrow against holdings)
- Mirror metal Platinum card with premium travel benefits
- No staking requirements for tier upgrades (fee-based only)
- Self-custody architecture - users maintain private keys
- High spending limits (up to $1M/month for Platinum)
Notable Limitations
- ATM withdrawals not supported
- Limited to Solana blockchain assets only
- High annual fees for premium tiers ($1K-$5K)
- 2.5% origination fee when first using credit line
- Restricted in several countries including Russia, Belarus, and parts of Ukraine
Table of Contents
Basic Information
XPlace Card is a non-custodial crypto-backed credit card that allows users to spend their digital assets without triggering taxable events. Launched in late 2025 by Pontech Group L.L.C-FZ, the card functions as Solana's first true credit card, enabling users to borrow against their crypto holdings at 0% APR while continuing to earn DeFi yields on deposited assets.
| Specification | Details |
|---|---|
| Card Name | XPlace Card |
| Card Network | Visa |
| Card Type | Secured Credit Card |
| Launch Date | Late 2025 (October-November) |
| Issuer | Third National (affiliate of Signify Holdings, Inc.) |
| Available Regions | 160+ countries globally |
The platform's core innovation lies in its smart contract architecture on Solana, where users deposit crypto into self-custody contracts that generate a credit line worth 30-70% of collateral value. Users maintain full ownership of their assets through private keys while earning yields up to 16% APY on all deposits.
Rewards and Benefits
Cashback Structure
XPlace Card offers real-time USDC cashback exclusively on Borrow Mode (credit) purchases, with rates varying by membership tier:
| Tier | Cashback Rate | Trading Fee Rebate | XP Points Rate |
|---|---|---|---|
| Basic | 0.5% USDC | 5% | 1% |
| Silver | 1% USDC | 12.5% | 3% |
| Gold | 1.5% USDC | 20% | 6% |
| Platinum | 2% USDC | 25% | 10% |
Important Note: Cashback only applies when using Borrow Mode (credit line). Debit Mode spending with prepaid USDC does not earn rewards.
Referral Program
The referral program provides ongoing passive income based on referred users' activity:
- Basic: 15% of referred users' rewards
- Silver: 18% of referred users' rewards
- Gold: 22% of referred users' rewards
- Platinum: 25% of referred users' rewards
Top Platinum referrers can potentially offset their $5,000 annual fee through referral earnings alone.
XP Loyalty Program
Users earn XP points on card spending, trading, deposits, and referrals. These points will determine allocation of XPlace's native token at the Token Generation Event (TGE) expected Q4 2026, with 40% of total token supply allocated proportionally to XP holders.
Travel Benefits
Gold Tier:
- 4 free airport lounge visits per year
- 4 free airport Fast Track passes per year
- 5% discount on hotels and flights
Platinum Tier:
- 12 free airport lounge visits per year
- 12 free airport Fast Track passes per year
- 10% discount on hotels and flights
- 24/7 Platinum Concierge service
- Access to 1,400+ lounges globally
Fees and Limits
XPlace Card fees include annual membership costs and platform-specific charges, with notably zero foreign transaction fees across all tiers.
Annual Membership Fees
| Tier | Annual Fee | Physical Card | Material |
|---|---|---|---|
| Basic | $0 | ✅ | Standard plastic |
| Silver | $200 | ✅ | Standard plastic |
| Gold | $1,000 | ✅ | Premium plastic |
| Platinum | $5,000 | ✅ | Mirror metal |
Transaction Fees
| Fee Type | Amount |
|---|---|
| Purchase Fees | $0 |
| Foreign Transaction Fee | 0% |
| Cross-Border Fee | 0% |
| ATM Withdrawal | Not supported |
| Cash Advance | Not supported |
Platform Fees
| Operation | Fee |
|---|---|
| Borrow Mode Origination | 2.5% (one-time) |
| Token Swaps | 1% (offset by trading cashback) |
| Crypto Deposits | $0 (plus Solana gas ~$0.01) |
| Crypto Withdrawals | $0 (plus Solana gas ~$0.01) |
| Late Payment (US) | 2% of balance (min $0) |
| Late Payment (International) | Up to $40 |
Spending Limits
| Tier | Monthly Limit | Per-Transaction Limit |
|---|---|---|
| Basic | $25,000 | $5,000 |
| Silver | $50,000 | $10,000 |
| Gold | $250,000 | $25,000 |
| Platinum | $1,000,000 | $50,000 |
Credit Power: Users can borrow 30-70% of deposited crypto value depending on asset volatility. Limits are expected to increase in 2026.
Card Tiers and Options
| Feature | Basic | Silver | Gold | Platinum |
|---|---|---|---|---|
| Annual Fee | $0 | $200 | $1,000 | $5,000 |
| Card Material | Standard plastic | Standard plastic | Premium plastic | Mirror metal |
| Cashback Rate | 0.5% | 1% | 1.5% | 2% |
| Monthly Limit | $25,000 | $50,000 | $250,000 | $1,000,000 |
| Transaction Limit | $5,000 | $10,000 | $25,000 | $50,000 |
| Lounge Access | ❌ | ❌ | 4/year | 12/year |
| Fast Track | ❌ | ❌ | 4/year | 12/year |
| Travel Discount | ❌ | ❌ | 5% | 10% |
| Concierge | ❌ | ❌ | ❌ | 24/7 |
| Trading Rebate | 5% | 12.5% | 20% | 25% |
| Referral Rate | 15% | 18% | 22% | 25% |
All tiers support virtual card issuance instantly upon KYC approval, with physical cards mailed afterward. The Platinum tier's mirror metal card is explicitly marketed as a premium feature distinguishing it from competitors.
Top-Up Methods
- No traditional pre-load required
- Deposit crypto as collateral to open credit line (self-custody smart contract)
- Supports SOL, wrapped BTC/ETH, USDC, USDT, PYUSD, mSOL, jitoSOL, BONK, WIF, PENG, and other Solana assets
- Fund via XPlace app (connect wallet, transfer assets)
Self-Custody Hybrid Custody
- Users control private keys to their crypto via self-custody smart contracts
- When spending, collateral is locked and converted to USDC at transaction time; USDC is held by the card issuer
- Users keep access to unspent crypto; only converted funds depend on provider
Supported Currencies and Conversion
XPlace Card supports 30+ Solana-based cryptocurrencies including major tokens, stablecoins, liquid staking derivatives, and select meme coins:
Major Cryptocurrencies: SOL, wrapped BTC (wBTC), wrapped ETH (wETH)
Stablecoins: USDC, USDT, PYUSD
Liquid Staking Tokens: mSOL, jitoSOL
Meme Coins: BONK, WIF, PENGU
DeFi Tokens: Various Solana ecosystem tokens (specific list not fully disclosed)
Conversion Process
When purchases are made, XPlace's smart contract automatically converts the necessary crypto collateral to USDC in real-time at market rates via Solana DEX aggregators. The conversion occurs at point of sale with minimal fees due to Solana's low transaction costs. Users can repay credit lines manually through the app using crypto-to-USDC conversions or existing USDC balances.
Geographic Availability
XPlace Card is available in 160+ countries worldwide, with separate programs for U.S. and international users. The platform maintains broad global coverage while excluding high-risk jurisdictions.
Europe
Austria, Belgium, Bulgaria, Croatia (restricted), Cyprus (restricted), Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom
Americas
Argentina, Aruba, Bahamas, Barbados, Belize, Brazil, Canada, Cayman Islands, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Jamaica, Mexico, Panama, Paraguay, Peru, Trinidad and Tobago, United States (excluding New York at launch), Uruguay
Asia
Armenia, Azerbaijan, Bahrain, Bangladesh, China, Hong Kong, India, Indonesia, Israel, Japan, Jordan, Kazakhstan, Korea Republic of, Kuwait, Malaysia, Mongolia, Nepal, Oman, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, Turkey, United Arab Emirates, Uzbekistan
Africa
Algeria, Angola, Botswana, Egypt, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda, Zambia
Oceania
Australia, Fiji, New Zealand, Papua New Guinea
Restricted Countries
Cuba, Iran, North Korea, Syria, Russia, Belarus, Afghanistan, parts of Ukraine (Crimea, Donetsk, Luhansk), Venezuela, Zimbabwe, and other OFAC-sanctioned territories.
Compliance and Security
Regulatory Framework
XPlace operates under multiple regulatory frameworks depending on jurisdiction:
- United States: Subject to CFPB oversight, Regulation Z, and Military Lending Act protections
- European Union: Compliance managed through issuer partnerships and GDPR requirements
- Nigeria: Local services provided by Odoakpu Microfinance Bank (CBN licensed)
- Global: Third National provides BIN sponsorship and issuer compliance
Security Features
- Non-Custodial Architecture: Users maintain private keys through the app
- Smart Contract Security: Solana-based contracts manage collateral and credit lines
- Transaction Monitoring: Rain platform blocks prohibited merchant categories
- KYC/AML: Standard identity verification and ongoing transaction monitoring
- Card Controls: Freeze/unfreeze, PIN changes, and mode switching via app
Technical Details
Blockchain Integration
XPlace operates exclusively on the Solana blockchain, leveraging its high throughput and low transaction costs for real-time crypto operations. The platform uses smart contracts to manage user deposits, calculate credit lines, and execute automatic conversions during purchases.
Credit Line Mechanism
The credit system calculates borrowing capacity based on deposited crypto values:
- High-stability assets (USDC, USDT): Up to 70% LTV
- Major cryptocurrencies (SOL, BTC, ETH): 50-60% LTV
- Volatile assets (meme coins): 30-40% LTV
Credit lines adjust dynamically with market prices, and liquidation protocols protect against undercollateralization.
Mobile App Features
- Instant virtual card issuance upon KYC approval
- Real-time balance tracking in USD/USDC equivalents
- One-tap mobile wallet integration (Apple Pay/Google Pay)
- DeFi yield monitoring for deposited assets
- Transaction history with crypto conversion details
User Experience
The XPlace app provides a streamlined interface combining traditional card management with DeFi functionality. Users can switch between Borrow Mode (credit) and Debit Mode (prepaid USDC) instantly, monitor their crypto yields in real-time, and track XP points accumulation for future token allocations.
Virtual cards are issued immediately after KYC completion, enabling instant spending through mobile wallets. Physical card delivery timeframes vary by region but are not explicitly disclosed in official documentation.
Customer support varies by tier, with Platinum members receiving 24/7 concierge service and priority dispute handling, while lower tiers access standard support channels.
Best Suited For
- Crypto holders who want to spend digital assets without triggering tax events
- DeFi users who seek to maintain yield generation while accessing credit
- International travelers who need zero foreign transaction fees and premium travel benefits
- High-net-worth individuals who can justify premium tier fees for exclusive perks and high limits
Pros and Cons
Pros
- Non-custodial design preserves user control of private keys
- Earn DeFi yields while using crypto as collateral
- Zero foreign transaction fees across all tiers
- Real-time USDC cashback with no caps disclosed
- High spending limits up to $1M monthly for Platinum
Cons
- Limited to Solana blockchain assets only
- High annual fees for premium tiers ($1K-$5K)
- ATM withdrawals not supported
- 2.5% origination fee for first credit line usage
- Restricted in major markets including Russia and Belarus
Conclusion
XPlace Card stands out as the first non-custodial crypto credit card, enabling users to spend digital assets without triggering taxable events while continuing to earn DeFi yields. The platform's 0% APR, zero foreign transaction fees, and real-time USDC cashback create compelling value for crypto holders, though the Solana-only limitation and high premium tier fees may restrict its appeal.
The card is best suited for active crypto users who prioritize maintaining custody of their assets while accessing traditional payment infrastructure. The upcoming token airdrop based on XP points adds additional incentive for early adoption, though users should weigh the annual fees against their expected usage and rewards.
Additional Information
Token Generation Event
XPlace plans to launch its native token in Q4 2026, with 40% of total supply allocated to users based on accumulated XP points. This creates additional value for early adopters who actively use the platform for spending, trading, and referrals.
Partnership Network
The platform leverages multiple partnerships for global operations:
- Third National: Primary issuer and BIN sponsor
- Odoakpu Microfinance Bank: Nigeria operations
- Visa International: Payment network licensing
- Solana DEX aggregators: Crypto conversion services
Future Roadmap
XPlace has indicated plans to increase spending limits in 2026 and expand supported cryptocurrencies. The platform may also introduce additional blockchain support beyond Solana, though no specific timeline has been announced.
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